Key News Overnight:
U.S. stocks fell for a third day as an escalation in trade tensions prompted investors to question whether China and America will make progress as talks resume this week. The dollar rose and Treasuries fell.
Theresa May earned a stay of execution from her Conservative Party after a key panel of lawmakers kept the rules on leadership challenges unchanged, as talks with the opposition Labour Party to find a compromise on Brexit gained new life.
Oil prices advanced the most in more than two weeks as a surprise drop in U.S. supplies added to evidence of a tightening global market.
Gold futures fell as investors seeking haven assets bypassed precious metals in favour of the rallying dollar. U.S. stocks fluctuated and the greenback rose for a third day amid conflicting signals over prospects for a U.S.-China trade deal.
Livent Corp. lost about a quarter of its market value, leading a plunge in lithium miners, after a disappointing sales forecast fuelled doubts over demand for the mineral used in electric-vehicle batteries.
In This Issue:
Merdeka Copper & Gold Tbk (MDKA.IDX) | March Q report | BUY | Analyst | James Wilson
Otto Energy (OEL) | OEL takes 100% ownership of VR232| Buy | Analyst | Michael Eidne
China Coal Import Myth: Possible Shift to Control Import of Steam Coal | Analyst | Helen Lau
Recent Research:
MYL, SO4, ASB, SWK, KDR
Please read Argonaut’s Important Disclaimers & disclosures
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